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Tax-cut deal wins final OK


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The House passed an $858 billion package of extended tax cuts and stimulus spending late last night, saving at least hundreds of dollars for nearly all Americans and heralding the first broad bipartisan compromise of the Obama presidency. The 277-to-148 vote was a political victory for President Obama, who made the case for compromise over complaints from the base of the Democratic Party. Some longtime Obama backers fought the president’s deal late into the night, contending that he had let middle-class America down by not fighting harder to keep a campaign promise: end the George W. Bush-era tax cuts for wealthy Americans.

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